rennie intelligence insights - December 2020
Dec 14, 2020
Written by
Ryan BerlinSHARE THIS
The rennie podcast is about everything real estate for the real estate interested. Tune in for monthly discussions making sense of the latest market data and to hear from an array of industry experts helping us answer big real estate questions about demographics, economics, urban planning, and design. Episode #8 - rennie intelligence insights - December 2020In this episode, we join members of the rennie intelligence team, Ryan Berlin and Bowen Behan Pausey, to review the latest residential data for the Vancouver Region and discuss three key insights gleaned in November 2020:
- There's a spring in the step of the fall market: November tallied over 5,000 sales in November, making it the 3rd most active November on record.
- South of the Fraser markets have been more active than those North of the Fraser: November sales were 76% higher in the Fraser Valley Board area vs. 28% higher in the Greater Vancouver board area.
- We'll see more housing tailwinds than headwinds in 2021, setting the stage for an active housing market next year.
Written by
Ryan Berlin
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